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The Fidelity Magellan Fund ( Mutual fund: FMAGX) is a U.S.-domiciled mutual fund from the Fidelity family of funds. [1] It is perhaps the world's best-known actively managed mutual fund, known particularly for its record-setting growth under the management of Peter Lynch from 1977 to 1990. [2] On January 14, 2008, Fidelity announced that the ...
Peter Lynch (born January 19, 1944) is an American investor, mutual fund manager, author and philanthropist.As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than double the S&P 500 stock market index and making it the best-performing mutual fund in the world.
The best-performing large-company stock mutual funds have produced returns of up to 17% in the last 10 years. It should be noted that average annualized returns have been higher than usual — at ...
At the end of 2021, Fidelity had over $2 trillion in assets under management. Many retail investors include mutual funds as well exchange-traded funds (ETFs) offered by Fidelity in their long-term ...
Fidelity mutual funds like FANIX, FFGCX and FCSSX gave positive returns in the first half when the stock market took a beating.
Here are some of the best ways to minimize taxes on mutual fund investments: Hold shares in tax-advantaged accounts: One of the easiest ways to avoid taxes on mutual fund investments is to hold ...
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